Hong Kong forms panel to rewrite rules for tokenised bondsrewrite rules for tokenised bonds
Hong Kong’s de facto central bank has formed a group of banks, lawyers and crypto firms to review legal and regulatory barriers to tokenised bonds.
The effort aims to move beyond pilot projects and make the market easier for private issuers to use, which matters for how quickly digital assets can be adopted in mainstream finance.
- Hong Kong has long marketed itself as a bridge between Chinese capital and global markets.
- Blockchain-based finance has drawn interest in financial hubs seeking faster settlement and lower back-office costs.
